01
Executive overview
Key findings
US$12,559.0 million: adopted 10-year capital plan, FY2026-27 to FY2035-36; about 70% debt-funded (plan)
US$5,916.1 million: Wastewater share of the plan, the largest; Hetch Hetchy Power US$2,242.7 million, up 81.6% (plan)
Aa2 / AA- and Aa2 / AA: Water and Wastewater ratings (Moody's / S&P); S&P Wastewater outlook revised to Stable, July 2026
US$200 million to US$240 million: estimated value of the largest construction contract out for bid in October 2026, the Folsom Harrison/Treat box sewers (WW-719CR2)
02
Buyer relevance
Who the report is for
Heavy civil, water main and sewer contractors
Target the open WW-719CR2, WD-2914, WW-796 and WD-2918 bids and the rolling replacement contracts listed into 2027.
Electrical and substation firms
Prepare for the US$495M Spear Street Substation design-build and the US$50M Moccasin Powerhouse upgrades.
Treatment process and equipment suppliers
Reach the US$1,470.3M nutrient removal project through its progressive design-builder and the Oceanside and North Point upgrades.
Engineering, construction management and advisory firms
Track the professional services contracts out for proposal and in development, including a US$12M Municipal Advisory Services contract.
03
Decision scope
Questions answered
What is SFPUC's capital budget?
US$12,559.0 million over FY2026-27 to FY2035-36, about 70% debt-funded, with Wastewater at US$5,916.1 million.
What is out for bid now?
The October 28, 2026 list includes WW-719CR2 at US$200M–240M and WD-2914 at US$45M–50M, with WD-2914 bids due November 19, 2026.
Who already holds SFPUC's largest programs?
MWH/Webcor JV is CM/GC on the US$2,837.1 million Biosolids Digester Facilities, and Clark Construction holds the 2000 Marin and Southeast operations buildings.
How does SFPUC procure large projects?
Through public bids, construction manager/general contractor RFQs and progressive or fixed budget limit design-build, with a 30% local hiring minimum on capital projects over US$400,000.
04
Inside the report
Inside the complete report
1. The Account at a Glance
2. Organization and Decision-Making
3. Financial Position
4. Priorities and Pressures
5. How San Francisco Public Utilities Commission Buys
6. Opportunity Register
7. Commercial Priorities: Where to Focus First
8. Watch List: What to Monitor and What to Do
Source Register
05
Public preview
What to watch next
Bid results for WD-2914, WW-796 and WD-2918 (November–December 2026)
Show competition levels on pipeline and sewer work.
WW-719CR2 bid date
Largest construction package currently out for bid.
Spear Street Substation RFQ (earliest January 2027)
US$495M design-build; owner advisor procured first.
General Manager appointment (from December 2026)
New leadership may reorder priorities.
The Opportunity Register lists open, emerging and confirmed SFPUC projects with stage, value, next milestone and route to market.

06
Included
What you receive
The complete PDF report: 11 pages, 9 sections, 7 tables and a register of 16 sources.
This edition
November 2026, First edition.
07
Evidence & method
Evidence and method
Built from SFPUC's contracting opportunities list updated October 28, 2026, its adopted FY2026-27 to FY2035-36 Capital and Financial Plans, quarterly capital program reports to June 2026, Commission agendas, bond and ratings releases and the audited FY2025 financial report.
Sources
16 sources, listed in the report's source register. Evidence current to 13 November 2026. Principal data periods: FY2025 audited results (year ended June 30, 2025); 10-Year Capital and Financial Plans for FY2026-27 to FY2035-36 (adopted February 10, 2026); capital program reports for the quarter ended June 30, 2026; SFPUC contracting opportunities list updated October 28, 2026. Procurement status checked on November 13, 2026. All currency is US dollars..
08
Lead analyst
Robert C. Brears
Founder, Our Future Water Intelligence
Robert C. Brears is a water-security specialist and author whose work examines utility governance, infrastructure investment, climate resilience and long-term water-system change for executive and policy audiences.
- Decision-focused utility intelligence
- Published water-policy author
- Evidence-grounded system analysis
09
Buyer FAQs
Before you purchase
Who can use the report?
Licensed for internal use within one purchasing organization. The PDF and its contents may be shared with colleagues within that organization. External redistribution, resale and public publication are prohibited without permission.
How is the report delivered?
The PDF is available to download immediately after confirmed payment, through our secure delivery system.
Can my organization buy wider access?
Institutional purchasing: For invoice enquiries, multi-organization licensing or broader access requirements, contact Our Future Water Intelligence.
10
San Francisco Public Utilities Commission: Utility Account Brief
- Format
- Length
- 11 pages
- Edition
- November 2026, First edition
- Price
- USD 499
11
Report details
Publication details
- Publisher
- Our Future Water Intelligence
- Report family
- Utility Account Brief
- Edition
- November 2026, First edition
- Format
- Length
- 11 pages
- Reference
- OFW_EXT_SAN_FRANCISCO_PUBLIC_UTILITIES_COMMISSION_UTILITY_ACCOUNT_BRIEF_8b2073c1f335
- Evidence current to
- 13 November 2026
14
Explore this report family
More Utility Account Briefs
Explore the same report family covering other utilities.

Philadelphia Water Department: Utility Account Brief
- Geography
- Philadelphia, Pennsylvania, United States
- Edition
- November 2026, First edition
- Length
- 11 pages

Vitens: Utility Account Brief
- Geography
- Netherlands
- Edition
- November 2026, First edition
- Length
- 12 pages

HOFOR: Utility Account Brief
- Geography
- Greater Copenhagen, Denmark
- Edition
- November 2026, First edition
- Length
- 11 pages
